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Snap could earn more than $3 billion and Instagram nearly $10 billion, says Citi research

Citi in a research note stated that based on the daily average user growth and the average time spent by users, Snap could earn more than $3 billion in 2019 and Instagram nearly $10 billion. Based on DAU growth, Snap would hit 240 million users, while Instagram touching 500 million in 2019. http://ift.tt/2vj6oJK